Financial report of the Fund

Contributions from Member States, calculated on a voluntary and proportional basis, are the first source. Next come foundation grants, company contributions and donations from private individuals. Revenue rose by eight per cent in 2024, thanks to regular donations and several multi-year sponsorships.

Earmarked contributions represent forty per cent of revenue. They are managed in dedicated sub-accounts and are the subject of specific reports to donors.

Expenditure is split between projects (96%) and management costs (4%). Projects include grants, expert missions, training and equipment. Management costs cover monitoring, accounting, audit and communication.

Expenditure is committed in accordance with the selection committee's decisions. An internal control checks the conformity of every payment. Variances of more than ten per cent against a project's budget must be justified and approved.

The accounts are audited each year by an independent firm, appointed by the supervisory board after a call for tenders. The auditor's opinion is published with the report. No qualification has been issued since 2015.

The supervisory board, made up of seven members including two donor representatives, approves the budget, examines the accounts and appoints the auditor. It meets three times a year and reports to the Assembly.

OIMAP undertakes to publish its financial report within four months of the close of the financial year, to answer any donor's question within thirty days and to welcome any legitimate inspection. These commitments appear in a donor charter.

The report's data are published in an open format, so that researchers, journalists and watchdog organisations can analyse them and compare them with other funds.